Impressive growth on Microsoft Azure
Microsoft Azure revenue grew 50% year-over-year in fiscal Q2, 2021, contributing to a 26% increase in Server products and cloud services revenue.
According to the latest earnings call, more than 1,000 Microsoft customers now use Azure Arc to simplify hybrid management and run Azure services across on-premises, multi-cloud and at the edge.
Commercial cloud gross margins increased to 71% in the latest quarter, up from 67% a year earlier.
There are now over 60 Azure regions globally, strengthening Microsoft's competitive global position versus Amazon Web Services.
Microsoft reported $43.08 billion in the second fiscal quarter ended Dec. 31, up from $36.91 billion a year earlier,